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mlsoft

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mlsoft

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Re: TJ Parker post# 117051

Tuesday, 06/10/2003 2:59:49 AM

Tuesday, June 10, 2003 2:59:49 AM

Post# of 704019
TJ Parket...

AG will not cut rates until and unless he has to and no more than he has to for psychological support for the markets. Not only would it not help the economy (as he well knows), but it could put too much pressure on the $USD, and make its decline more difficult to keep orderly.

A rate cut could also backfire on him in the markets.

mlsoft
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